Dominion Cove Point First LNG Export

Dominion Energy announced today the first cargo of LNG produced for export departed Thursday, March 1, 2018 from the Dominion Energy Cove Point LNG terminal. The newly constructed Cove Point LNG export terminal is located on the Chesapeake Bay in Lusby, Maryland.

The facility is undergoing final commissioning according to a Dominion statement. All major equipment has been operated and is being commissioned as expected following testing and quality assurance activities.

Shell NA LNG is providing the natural gas needed for liquefaction during the commissioning process and is off-taking the LNG that is produced. The Royal Dutch Shell Plc vessel Gemmata departed the facilities with the first cargo. Dominion did not disclose a destination.

When commissioning is complete, Dominion Energy Cove Point LNG will produce LNG for ST Cove Point, which is the joint venture of Sumitomo Corporation and Tokyo Gas, and for Gail Global (USA) LNG, the U.S. affiliate of GAIL (India) LTD under 20-year contracts. The Dominion Energy Cove Point LNG facility has a nameplate capacity of 5.25 mtpa of LNG.

Construction of the liquefaction facility began in October 2014. Total cost for construction was approximately $4 billion. It is the largest construction project ever for Maryland and for Dominion Energy. Construction has involved more than 10,000 craft workers and a payroll of more than $565 million.